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Market Pulse - Portugal

Posted: Thu Jul 10, 2025 10:10 am
by bdjakaria76
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As Summer starts to give way to Fall, the short-term rental market also begins a period of adjustment. We decided to take a look at how things are shaking out in Portugal.

Key Takeaways:

Lisbon appears to be keeping up with 2019 booking pace
The lead time booking pace for Faro and Porto is over 50% for the next three weeks
Lagos is booking up in the next three weeks with an additional bump in pickup for October
For Madeira, 2021 booking pace is in line with 2019, with a few select weeks pacing higher than 2019
Property managers who have not seen an increase in bookings for September and October this year need not worry as the market is pacing well in line with 2019 data

Source: Beyond Data
Within Portugal, for example, the chart above displays the average number of bookings that have been made per listing over the past 21 days for both 2020 and 2021. Using 2019 pace data helps provide insight into how 2021 is performing so far compared to a “normal” year.

In Lisbon, Faro, Porto, Lagos, and Madeira, the charts below display all bookings that have been made over the past 21 days by their check-in week.

Additionally, the same values for 2019 are included to provide pacing context for each market.

Lisbon
In the Lisbon market, last-minute booking pace for the next three b2b email list weeks has met or surpassed the same time period in 2019. This market has experienced shorter booking lead times that have been sustained since the start of the pandemic. It’s increasing, however, through the end of summer as more travelers are looking to book last-minute than they have in the past year.

As booking pace recovers, property managers who have not seen an increase in bookings for September and October this year need not worry as the market is pacing well in line with 2019 data.